Connors Investor Services Inc. trimmed its stake in shares of Procter & Gamble Company (The) (NYSE:PG – Free Report) by 21.1% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 16,210 shares of the company’s stock after selling 4,342 shares during the period. Connors Investor Services Inc.’s holdings in Procter & Gamble were worth $2,491,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. Brighton Jones LLC increased its holdings in shares of Procter & Gamble by 51.5% in the fourth quarter. Brighton Jones LLC now owns 40,068 shares of the company’s stock worth $6,717,000 after purchasing an additional 13,617 shares during the last quarter. Taylor Financial Group Inc. boosted its stake in Procter & Gamble by 10.6% during the first quarter. Taylor Financial Group Inc. now owns 2,891 shares of the company’s stock valued at $493,000 after buying an additional 277 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Procter & Gamble by 19.8% during the second quarter. Sivia Capital Partners LLC now owns 6,144 shares of the company’s stock valued at $979,000 after buying an additional 1,016 shares during the last quarter. Auxano Advisors LLC grew its holdings in Procter & Gamble by 10.8% during the 2nd quarter. Auxano Advisors LLC now owns 7,315 shares of the company’s stock valued at $1,165,000 after buying an additional 714 shares in the last quarter. Finally, Schnieders Capital Management LLC. increased its stake in Procter & Gamble by 2.8% in the 2nd quarter. Schnieders Capital Management LLC. now owns 30,182 shares of the company’s stock worth $4,809,000 after acquiring an additional 809 shares during the last quarter. 65.77% of the stock is currently owned by institutional investors.
Procter & Gamble Price Performance
Procter & Gamble stock opened at $146.71 on Thursday. The company has a debt-to-equity ratio of 0.49, a current ratio of 0.72 and a quick ratio of 0.51. The stock has a market cap of $340.96 billion, a price-to-earnings ratio of 21.74, a price-to-earnings-growth ratio of 5.06 and a beta of 0.37. The firm has a 50-day moving average of $153.95 and a two-hundred day moving average of $150.86. Procter & Gamble Company has a 1 year low of $137.62 and a 1 year high of $174.80.
Procter & Gamble Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Friday, January 23rd were given a dividend of $1.0568 per share. The ex-dividend date of this dividend was Friday, January 23rd. This represents a $4.23 dividend on an annualized basis and a yield of 2.9%. Procter & Gamble’s payout ratio is 62.67%.
Trending Headlines about Procter & Gamble
Here are the key news stories impacting Procter & Gamble this week:
- Positive Sentiment: BEVEL brand expands into men’s body care with a targeted body cream aimed at Black men — broadens P&G’s addressable market in men’s personal care and supports brand extension/innovation strategy. Procter And Gamble Expands Bevel Into Men’s Body Care Segment
- Positive Sentiment: P&G Premium is testing a paid loyalty program in baby and home care — potential to boost retention, margins and first‑party consumer data if rollout scales. Procter & Gamble Premium Launches Test Loyalty In Baby And Home Care
- Positive Sentiment: Featured in retail/dividend roundups as a blue‑chip dividend name — reinforces PG’s appeal to income investors and may support longer‑term investor demand. The Best Dividend Stocks to Buy and Hold Forever
- Neutral Sentiment: Marketing trend coverage: P&G products are being integrated into short “microdramas” and mobile video content — an execution note on advertising strategy but not an immediate earnings driver. Body Scrub, Concealer and Shoe Trinkets Star in Brands’ ‘Microdramas’
- Neutral Sentiment: Sector/competitive news (Coty board refresh, Unilever strategic rumblings) can change competitive dynamics over time but are not direct catalysts for PG near term. Coty Revamps Board With Appointment of Five New Independent Directors
- Negative Sentiment: Market commentary and data reports flagged that PG’s share price declined in the most recent session — likely driving intraday selling and headline attention. Procter & Gamble (PG) Registers a Bigger Fall Than the Market Zacks: Procter & Gamble Registers a Bigger Fall Than the Market
Insiders Place Their Bets
In related news, CEO Gary A. Coombe sold 36,093 shares of Procter & Gamble stock in a transaction dated Thursday, February 12th. The stock was sold at an average price of $162.33, for a total value of $5,858,976.69. Following the completion of the sale, the chief executive officer directly owned 34,994 shares in the company, valued at $5,680,576.02. The trade was a 50.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, CEO Ma. Fatima Francisco sold 5,549 shares of the company’s stock in a transaction dated Friday, February 27th. The stock was sold at an average price of $165.29, for a total transaction of $917,194.21. Following the completion of the sale, the chief executive officer directly owned 1,029 shares of the company’s stock, valued at approximately $170,083.41. This trade represents a 84.36% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders sold 348,618 shares of company stock worth $55,462,643. 0.20% of the stock is owned by company insiders.
Wall Street Analyst Weigh In
A number of research analysts have recently commented on the company. BNP Paribas Exane lowered their target price on Procter & Gamble from $172.00 to $164.00 and set an “outperform” rating for the company in a research report on Friday, January 16th. JPMorgan Chase & Co. upgraded shares of Procter & Gamble from a “neutral” rating to an “overweight” rating and boosted their price target for the stock from $157.00 to $165.00 in a research report on Friday, January 23rd. Jefferies Financial Group raised shares of Procter & Gamble from a “hold” rating to a “buy” rating and upped their price target for the company from $156.00 to $179.00 in a research note on Tuesday, December 16th. Rothschild & Co Redburn lifted their price objective on shares of Procter & Gamble from $155.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday, January 23rd. Finally, Piper Sandler started coverage on shares of Procter & Gamble in a report on Wednesday, January 7th. They issued a “neutral” rating and a $150.00 target price on the stock. Fourteen research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the stock. Based on data from MarketBeat.com, Procter & Gamble currently has a consensus rating of “Moderate Buy” and a consensus price target of $168.33.
View Our Latest Analysis on Procter & Gamble
Procter & Gamble Profile
Procter & Gamble (NYSE: PG) is a multinational consumer goods company headquartered in Cincinnati, Ohio. Founded in 1837 by William Procter and James Gamble, P&G has grown into one of the world’s largest producers of branded consumer packaged goods. The company focuses on developing, manufacturing and marketing a broad portfolio of household and personal care products sold to consumers and retailers worldwide.
P&G’s product offering spans several core business categories, including Beauty, Grooming, Health Care, Fabric & Home Care, and Baby, Feminine & Family Care.
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